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Stocks To Watch in Singapore Stock Market - 24 Sept

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Publish date: Mon, 24 Sep 2012, 12:38 PM
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FIRST REAL ESTATE INVESTMENT TRUST
Singapore's First Real Estate Investment Trust agreed to buy Siloam Hospitals Manado and Hotel Aryaduta Manado for S$83.6 million ($68.3 million), as well as Siloam Hospitals Makassar for S$59.3 million.
SINGAPORE EXCHANGE LTD
Singapore Exchange said on Friday it signed a memorandum of understanding with the Tianjin authorities in China to work on the potential listing of Tianjin companies on the Singapore bourse.
SAKARI RESOURCES LTD
Sakari said its coal reserves at its Sebuku mine in Indonesia have risen, with 22.1 million metric tonnes (Mt) of proven reserves as at June 30, up from 1.6 Mt at end-2011. Probable reserves also rose to 9.4 Mt from 5.5 Mt. PTT, Thailand's top energy company, has offered to buy out Sakari for $960 million as the oil and gas firm expands into coal to meet rising regional demand for the fuel.
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